National Business

WASHINGTON (AP) — The Environmental Protection Agency on Wednesday proposed repealing rules that limit greenhouse gas emissions from power plants fueled by coal and natural gas, an action that Administrator Lee Zeldin said would remove billions of do

HAMILTON — Canada's steel industry was hit with further layoff news Wednesday as ArcelorMittal Long Products Canada announced it is closing its wire drawing mill in Hamilton.

NEW YORK (AP) — Wall Street’s rally stalled after stocks climbed back within 2% of their all-time high. The S&P 500 slipped 0.3% Wednesday, marking its first drop in four days.

WASHINGTON (AP) — U.S. inflation picked up a bit last month as higher prices for groceries and some imported goods were largely offset by cheaper gas, travel services, and rents. Consumer prices increased 2.

TORONTO — Ontario's housing starts for the first quarter of this year were at the lowest levels since 2009, the province's financial accountability officer said in a report Wednesday.

A group of Reitmans Ltd. shareholders have released their second letter in two months urging the apparel retailer to address its stagnating value, saying they want to replace two board directors and end the company's dual-class share structure.

Tariff tensions don't appear to be weighing on Dollarama Inc. sales yet, but executives at the discount goods retailer are bracing for that to potentially change because consumers are "fragile.

Elon Musk stepped back from his explosive feud with U.S. President Donald Trump, writing on X that he regrets some of his posts about his onetime ally.

PRINCE RUPERT — Trigon Pacific Terminals is giving a green light to a new $750-million liquefied petroleum gas export facility in Prince Rupert, B.C.

Shares of General Motors rose before the opening bell after announcing plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.